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Cuomo to Nominate MTA CEO

New York Gov. Andrew Cuomo announcesthat he will nominate Joseph Lhota to serve as chief executive of the Metropolitan Transportation Authority, who was selected after a committee conducted a national search.

NEW YORK ( TheStreet) -- New York Gov. Andrew Cuomo announced Thursday that he would nominate Joseph Lhota to serve as chief executive of the Metropolitan Transportation Authority, who was selected after a committee conducted a national search.

Lhota served under former New York Mayor Rudolph Giuliani as his deputy mayor for operations and is currently an executive for Madison Square Garden ( MSG).

"Joe Lhota brings one-of-a-kind managerial, government, and private sector experience to the job and a lifelong commitment to public service that will benefit all straphangers," Cuomo said.

The company has put the New York Liberty on the block. Established in 1996 as one of the WNBA's original eight franchises, the Liberty have been at the center of women's professional basketball since the start.